Turning Politics Into Money

from Trump, Inc. Hosted by WNYC Studios

For generations, the Trump family has used government and politicians as a path to profit. As president, Donald Trump has taken things even further. “This guy is a state capitalist,” said Trump’s first biographer, reporter Wayne Barrett, in a 1992 WNYC interview, cited extensively in this episode. “[In] every single one of his major deals, he was designated to be a millionaire and subsequently a billionaire by the government officials that he co-opted and compromised.” “The Trump family is not shy on transforming their wealth into power in a very crude and brutal way,” says economist Gabriel Zucman, co-author of the book “The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay.” “But that's the nature of extreme wealth. When you're extremely wealthy what do you do? You spend your wealth and your time trying to defend your established position.” This episode is based on reporting from host Andrea Bernstein’s new book “American Oligarchs: the Kushners, the Trumps, and the Marriage of Money and Power.” Read about the history of a 40-year tax break Trump negotiated for his Grand Hyatt hotel at ProPublica.

Episode details come from the podcast's RSS feed.

Embed this episode

Attribution link and audio player

Ready to play

Turning Politics Into Money

0:00 33:10

No transcript yet.

Requests help us decide what to transcribe next.

Share this episode

Similar podcasts

Capital Ideas podcast Capital Group Want to learn how professional investors do it? The Capital Ideas podcast brings you the latest investment thinking from Capital Group, one of the world's largest investment management organizations. Each week we'll get inside the minds of portfolio managers, analysts and economists to break down market trends, macroeconomic forces, investing approaches and lessons learned from personal experience. Take 30 minutes and tap into the intellectual capital of Capital Group. Capital Client Group, Inc.All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.For full disclosures go to capitalgroup.com/global-disclosures. Hold The Line with Buck Sexton The First Digital Inc “Hold The Line with Buck Sexton” is Conservatism’s new command and control center. Former CIA Analyst and nationally syndicated radio host Buck Sexton is ready to stand athwart the progressive tidal wave. One of the movement’s fiercest “wartime conservatives”, Buck brings his unique perspective to America’s most pressing concerns, from domestic policy that values liberty to a foreign policy that puts American interests first. Hold The Line draws upon Buck’s encyclopedic knowledge of the issues, and his experience combatting America’s enemies abroad. Under assault on all fronts, Buck Sexton is ready to inspire viewers to take their place on the battlements and prepare to Hold The Line. Profit Powerhouse Glenn Poulos Glenn Poulos is the co-founder, Vice President, and General Manager of Gap Wireless Inc., a leading product and service distributor for the mobile broadband and wireless markets. With over three decades of experience in sales, he has spent thousands of hours in the field or on the phone with customers and working with salespeople to help create several very successful companies. He is now also the host of this podcast, Profit Powerhouse!Our 20 to 30-min podcast shares amazing founder stories who reveal the smartest strategies for scaling TODAY. AdLunam: The Future of NFTs AdLunam Inc. The Future of NFTs, hosted by AdLunam Co-founder Nadja Bester, is a deep-dive into the fascinating world of NFTs. Join us as we speak to founders, leaders, and visionaries in the NFT space about the unique role NFTs will play in the Web3 landscape. A radical shift in the new era of digital transformation is upon us. WAGMI!

Frequently asked questions

How long is this episode of Trump, Inc.?

This episode is 33 minutes long.

When was this Trump, Inc. episode published?

This episode was published on January 22, 2020.

Can I download this Trump, Inc. episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.